Endomines will make its geological database accessible to “Karelian Gold Rush 2015” – Global Exploration Challenge

Endomines is pleased to invite geoscientist and other professionals to
participate in the “Karelian Gold Rush 2015” – the Global Exploration Challenge.
The Company will publish all relevant geological data from its fully controlled
“Karelian Gold Line” – a 40 km long gold prospective Archean greenstone belt
located in Eastern Finland. With this competition, Endomines is challenging the
mining community to innovative and out-of-box thinking and to come up with new
ideas for exploration targets and models. More than 30 years of exploration
activity has resulted in gold deposits currently in production as well as
numerous mineralizations along the “Karelian Gold Line”. The region is still
underexplored and a shows great potential!

The challenge will be opened at FEM 2015 by releasing the data and winners will
be announced at PDAC 2016 Nordic Mining Day. Pre-registration for the challenge
opens on September 1st, 2015.

Entries will be judged by an international jury of independent and experienced
geoprofessionals. Best exploration proposals will be rewarded with Cash prizes:
first prize 40 000€, second prize 20 000€, third prize 10 000€ and fourth to
eight prizes 2 000€.

“We are very excited about this competition. We have carefully considered this
idea over the time and now we have decided to proceed. From the exploration
history we do know that we have a highly prospective ground along the Karelian
Gold Line and we would like to invite geoscientists from all over the world to
provide new, innovative and perhaps even wild ideas for new exploration
targets”, comments Markus Ekberg, CEO of the Company.

More information, updates, newsletter and registration will be available at the
Karelian Gold Rush 2015 web page.

Stay tuned and join the gold rush at goldrush.endomines.com!

For further information, please contact:
Markus Ekberg
CEO of Endomines AB
tel. +358 40 706 48 50

or visit the Company´s home page: www.endomines.com

About Endomines AB
Endomines conducts exploration and mining business along the 40 kilometer long
Karelian Gold Line. Through various regulatory approvals, Endomines controls the
exploration rights to this entire area.

The Company’s first mine, Pampalo, started in February 2011. During 2014,
Endomines initiated the production of ore from the mine in Rämepuro and is
planning to start mining of the gold deposit in Hosko. The ore from satellite
mines will be processed in the centrally located mill at Pampalo

The Company’s business practices and mining operations are based on sustainable
principles and on minimizing the impact on the environment.

Endomines applies SveMin's & FinnMin's respective rules for reporting for public
mining & exploration companies. The Company has chosen to report mineral
resources and ore reserves according to the JORC-code, which is the
internationally accepted Australasian code for reporting ore reserves and
mineral resources.

Endomines vision is to participate in the future structural transformation and
consolidation of the Nordic mining industry. The Company may therefore be
involved in acquisitions of interesting deposits or companies, should such
opportunities arise.

The shares of Endomines AB are quoted on NASDAQ Stockholm under ticker ENDO and
on NASDAQ Helsinki under ticker ENDOM. The Liquidity Provider in both Stockholm
and Helsinki is Erik Penser Bankaktiebolag.

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Endomines AB discloses the information provided herein pursuant to the Swedish
Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The
information was submitted for publication at 08:45 CET on March2h, 2015.